New disclosures shed light on wealthy White House staffers' financesApril 1, 2017 - 11:13 AMT PanARMENIAN.Net - President Donald Trumpreleased details of the personal finances of his staffers late on Friday, March 31 including his son-in-law Jared Kushner and daughter Ivanka, confirming that he has surrounded himself with some very affluent advisers, Reuters reports. White House ethics officials said the legally required disclosure documents provided a snapshot of assets and positions held by personnel when they first entered their new jobs at the White House, and before they started selling stocks and other assets that could pose conflicts of interest. The White House disclosed Gary Cohn, former Goldman Sachs president and now head of the White House National Economic Council, had assets worth at least $230 million, but possibly much more. Little information was given on several of his assets and only indicated they were worth more than $1 million. Cohn had income ranging from $48 million to nearly $77 million in the year preceding his engagement in the White House, though it could be much higher. Jared Kushner’s 54-page report – which included most of the assets and income of his wife Ivanka Trump - included scores of assets worth six- and seven-figures. The New York Times reported that the couple’s real estate and investment empire was worth as much as $741 million. Kushner held executive positions with 266 LLCs, corporations, groups and non-profits, which he has resigned from since January. Democratic lawmakers have expressed concern about potential conflicts of interest for Kushner, who like Trump is a New York real estate developer. Trump this week officially added his daughter Ivanka to his staff. She had a fashion business and was involved in her father's global real estate development business, but stepped aside from managing the businesses when her father entered the White House. Senior adviser Steve Bannon's pre-White House bank accounts, real estate and other holdings were valued at between $3.3 million and $12.6 million. White House Chief of Staff Reince Priebus had assets of between $604,000 and $1.16 million and income of $1.42 million. About $566,000 of his income came from the Republican National Committee and the rest from his partnership in a Milwaukee law firm. Neither Trump nor Vice President Mike Pence's assets were included in the documents. Trump has faced questions about conflicts of interest with his hotel and golf course businesses since his election in November. He has handed off control to his two oldest sons, but ethics watchdogs have complained that the arrangements do not go far enough to avoid conflicts, and have urged Trump to divest fully or set up a blind trust for his assets. Photo. REUTERS/Carlos Barria Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |